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An opinion piece describes how India, after Strait of Hormuz disruptions in 2026, kept urea stocks high at about 6.9 million tonnes by mid-July while expanding gas-based urea output and pursuing green ammonia procurement.
Stronger Indian domestic stocks reduce near-term import urgency, which limits upside for global urea prices.
diplomatmagazine.euNov 2, 2026After 26 past neutral policy events, Urea moved a median -1.0% over 5 sessions (27% higher; middle half -4.1% to +0.6%), and -2.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
